It's Becoming More and More Likely That Internet Retailers Will Have to Collect Taxes | SupplyChainBrain

It's Becoming More and More Likely That Internet Retailers Will Have to Collect Taxes

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For small to mid-sized online sellers of goods or services, "something like this could put them out of business, because they don't have the internal infrastructure to be able to administer the sales tax," says Mary Alice Cashin, a principal at Ryan, a tax consulting firm.

Besides the tax-collection responsibility, they might also be subject to the added cost of audits by a plethora of jurisdictions, she adds.  Read Full Article

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